First, what are Memo and Tag used for when transferring funds?
ATOM transfers on the Cosmos chain also have a Memo field, which many exchanges require when you deposit ATOM.
If you forget to enter the Memo / Tag or enter it incorrectly when depositing funds to an exchange, the assets generally won’t be credited automatically, and you’ll need to contact the platform to request their recovery.
If the deposit page asks you to enter a Memo or Tag, make sure to copy both the address and the Memo / Tag correctly.
When depositing $XRP to an exchange, you generally need to enter both the address and the destination tag (Tag). Current: 1.1055.

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